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snowden did and what the nsa did to you. why are the closings a result of a failed foreign policy? now, a big money game, america's ballparks, wifi, those stories and more coming up on this hour of "markets now." ♪ >> three days in a row, market's dough, maybe four, a loss on the new york stock exchange, on the dow, stocks shaving off early gains, down 35 points, at the new york stock exchange, what are you looking at? >> dagen, first thing you noted, this could, in fact, be the fourth straight day of losses for the dow and the s&p. that's the longest losing streak of the year, 2013, dating back to december of last year, so if, in fact, we do finish lower on the dow and s&p, it will be the first time we had four straight days of losses. don't forget, coming off the six straight weeks of gains, and the bulls had a nice run hitting the record highs, but, certainly, profit taking has been underway. we've gotten in plenty of earnings, market moving events, and the dollar is lower today. dow jones industrials, names like caterpillar, microsoft doing well. up over 2%, american express, hom
. so the nsa story, breaking privacy rules dozens of times every year. a lot of attention today comes from an internal audit obtained by the "washington post". dagen: former deputy assistant secretary of defense and fox news the legal analyst. and lost all credibility, but where do we go from here? >> i don't believe anything they say any more. hardly a day goes by without yet another revelation. at this point we don't trust anything they say. they have shown that they are not abiding by their oversight regulations either with congress or the courts. there's a time for a special commission take former intelligence people, for congressional leaders, former lawyers and give everyone the same room and say, what are the safeguards that we have in place? what are we collecting and wire recollecting it? what is the ability to all people accountable? the thing now is that there are all these excuses. we did not know we were doing it. it was a mistake. someone needs to be held accountable. hold them accountable, make an example lot of them because otherwise this abuse is going to continue. we
in a meeting with president obama talking about the nsa and your privacy. and harkening back to a time when this dude, kevin costner, was starring in "the untouchables." and who wants these guys, blackberry wants to go private may be. the idea is catching fire. the matter of who wants to put the money down on this troubled cell phone company. and a quick fix for unemployment, energy, people. how we can get americans back to work and solve the energy problems in one swoop. that and so much more on this hour of "markets now." ♪ dagen: so i did not fall and bust my you know what trying to sit down at the top of every show, so it has been a good week. let's start this hour with market stocks on track for another losing day. snapping the three-day winning streak yesterday, but heading south. nicole petallides at the new york stock exchange. nicole: it has been a good week. i will celebrate with you. a successful week. i look at what we see on wall street down half of 1%. 15,422. a loss of about 82 points. we did snap the losing streak since yesterday. however still remains a losing week on wal
the death penalty. >>> in a statement, nsa leaker edward snowden thanked the russian federation for granting him one year of temporary asylum, criticizing the obama administration for showing, quote, no respect for the law. the white house says it is extremely disappointed in russia's decision. president obama will meet with lawmakers on the nsa surveillance program. they deny a report that it tracks all internet data. in a statement to fox news the nsa says the allegations that the analysts can scour any individual's e-mails, chats, web searches, are quote, simply not true. we'll have a lot more on that throughout the day. those are the headlines. i'm jamie colby. back to lori and adam. adam: thank you very much, jamie. we have breaking news for you. carl icahn commencing litigation in a court in delaware against dell and dell's board of directors. that lawsuit seeks to prevent dell from changing stockholder voting requirements in the merger agreement, changing the record date which would allow new purchasers of the stock to vote on the deal. icahn is seeking damages from dell and its direc
. >> thanks. lori: email service allegedly used by nsa leaker edward snowden is halting operations as it prepares to go to court against the u.s. government. peter barnes is at the white house with more. peter? >> lava bid was encrypted email service linked to nsa leaker edward snowden. it shut down hinting it was under government investigation. the owner wrote on his website he was forced to make a difficult decision. after difficult sole so searching i decide decide sod suspend operations. i wish i would legally share with you but i can not. that might suggest he is would be under a gag order and going to court over this. lavabit has encryption that the message is only red by sender and receiver. u.s. law allows intelligence agencies to gather the emails under court order. law havebit was the service edward snowden used to send a human rights watch a second email service, silent mail was shut down by its owners yesterday. they wrote on their blog, quote, we see the writings on the wall. we decided it is best for us to shut down silent mail now. we have not received subpoenas, war
is in the wake of the edward snowden nsa scandal. it could make its way to the supreme court. first, fox senior judicial analyst, judge andrew napolitano will weigh in with tracy byrnes and ashley webster as they take you through the next hour of trading on fox business network. stay with us. [ male announcer ] these days, a small business can save by sharing. like carpools... polly wants to know if we can pick her up. yeah, we can make room. yeah. [ male announcer ] space. yes, we're loving this communal seating. it's great. [ male announcer ] the best thing to share? a data plan. at&t mobile share for business. one bucket of data for everyone on the plan, unlimited talk and text on smart phones. now, everyone's in the spirit of sharing. hey, can i borrow your boat this weekend? no. [ male announcer ] share more. save more. at&t mobile share for business. ♪ from capital one... boris earns unlimited rewards for his small business. can i get the smith contract, ease? thank you. that's three new paper shredders. [ boris ] put 'em on my spark card. [ garth ] boris' small business earns
: peter king is coming up. why the criticism of the nsa has been, well, overdone. gas mileage. the headline. it could be a game changer. we will have a report on not. first, a look at the markets. we will be right back. ♪ you know throughout history, folks have suffered from frequent heartburn. but getting heartburn and then treating day after day is a thing of the past. block the acid with prilosec otc, and don't get heartburn in the first place. [ male announcer ] one pill each morning. 24 hours. zero heartburn. ♪ >> i am lori roth and with your fox brief. a wider than expected second-quarter loss. marking down prices was forced. revenue of 700 million also fell short. zillow is down more than 4%. zillow also announced an offering of about 5 million shares. that is the latest from the fox business network. giving you the power to prosper. ♪ >> they chose not to report the program. they said they were not looking at any american data or phone calls. they were looking at billions a day. i think they got most of the terrorist or stopped most of the terrorist. connell: the
temporary asylum. to the nsa leaker, edward snowden, president obama still plans to attend the group of 20 economic summit held in russia, but he will not meet with putin. security officials say that suspected u.s. drone strikes have killed seven alleged militants in southern yes , yee day after u.s. and britain evacuated embassy staff due to a threatened attack. the cleveland house where three women were captive and raped for more than a decade was torn down earlier today. those women escaped back in may when one of them broke down part of the door and then was able to yell for help. that demolition is part of the deal that sparedded armon castrm a death sentence. he'll spend the rest of his life in prison. back to you. dagen: great to see you, heather. data testing security for state-run health exchanges could leave your personal information at risk. our rich edson in washington with more on the story, and everything else that keeps going wrong with obamacare, way do you know, rich? >> this is a massive undertaking, dagen, the health care exchanges to sign up for obamacare to be up and
scour any individual on chats, e-mails at will. the nsa says allegations are simply not true. both of your headlines. dennis: the stock rally continues. the s&p 500 rising to an all-time trading high. remember, 1704.97 was the all-time trading high to hit earlier today. the dow up 128 points. if that is not an all-time trading high, it is darn near it. jobless claims did pretty well. i asked him surprised, not so much a surprise is worried the federal pullback on the minus got started anyway. the jury deliberating, an interesting question this morning. on what it might mean. >> the question is they're asking wherever this is a different levels of it so to investors, so the question is do we need to find operated as a fraud or deceit all the levels the three levels in the deal or just one of them. trying to see if he coit fraud and one piece of the deal sold to banks. the other question is about the money he made, he made money at goldman sachs ask another question, they are saying does any money he obtained satisfy the security laws that say yes obtained money in the fraud. meaning
in the region and beyond between now and the end of august. and in moscow lawyer for nsa and leaker edward snowden says his client has found a safe place to live in russia. so did the country granted him one year of asylum. in response the white house signaled president of, may boycott. and those other headlines. i'm laurin green. back to cheryl and dennis. dennis: thank you. metals are mixed. said to the trading pits of the cme and phil flynn. >> reporter: a lot less next. markets. especially in the precious metals. gold was down date -- date. a lot of the traders were convinced that we would get that lackluster jobs report. did not happen. a big surge back up. hire on the day and turned back up. copper on the other hand, all of that economic optimism. not only in china and the united states. the pullback as well. so a big disappointment on the number. now, the other thing you have to look at, you always have collected geopolitical risk which can be a big factor. obviously with this report of morning by the state department, that may even put more support in see the market later in the da
's decision to grant temporary asylum to nsa leaker edward snowden. president obama plants to attend the group of economic 20 next summer in russia. >>> president bush is home after being discharged from a dallas hospital for a heart procedure. the 67-year-old former president had a stent inserted to clear an blockage was found after a physical. >>> tonight's powerball grown to estimated $425 million a single winner could take home a lump sum of $245 million. that is before taxes. business is picking up at convenience stores, gas stations and newsstands where tickets are sold. those are the headlines. now back to the fox business network and ashley. ashley: all right. heather, thank you very much. appreciate that. >> thanks. ashley: there are new warnings about what president obama's plan to reform mortgage finance system could do to the housing recovery. our next guest says shutting down fannie and freddie would raise interest rates and make it harder for potential buyers to actually get a loan. joining us, susan wachter, professor of real estate at the university of pennsylvania's wharton sc
called cedric layton from the layton security newses. he used to be involved with the nsa and he told us that you absolutely can not overlook the possibility that someone did indeed breach nasdaq security, and then might have brought about some kind of a failure and shutdown. that has not been confirmed by anybody. nasdaq not putting out a statement yet actually what has happened. this is truly an appropriate backdrop because while it looks like there's something going on back there, what's really going on is within the thousands of microchips are really at the root of nasdaq. back to you. cheryl: we should point out you our viewers that all we've been officially told by nasdaq at this point is technical issue. they're working to get the trades up and running. >> regulatory halt. cheryl: they're telling us, they keep using the word processor. that is the key term we're getting from nasdaq. all we can do at this point is trust them that a technical glitch has occurred. one question to you, adam, we had a guest on earlier talking about incoming trades, large bulk trades coming from likes o
document from edward snowden reveals the nsa overstepped its authority and broke privacy rules thousands of times every year since being given new surveillance powers by congress in 2008. the document rye revealed most significant violations included unauthorized use of information on more than 3,000 americans. >>> major league baseball commissioner bud selig announced plans to approve improved instant replay next season. this give manager extra time to help dramatically reduce incorrect calls during games. the vote will take place by the owners in november. those are the headlines from the fox business network. back to lori and tracy. tracy: you would think they would voight for it. thank you very much. >> sure. lori: hot debates about the federal reserve and government spending. steve forbes says the roots of the fed's monetary policy can be traced back to world war i and subsequent great depression. here so explain steve forbes, forbes media chairman and editor-in-chief. good to have you. >> thank you, lori. lori: your latest article in forbes is entitled, why uncle sam became a anti-
Search Results 0 to 12 of about 13